Enterprise investment portfolio management
Ended Awarded Last action
- Contract number
- 693KA924F00088
- Awardee
-
Ernst & Young LLP UEI Q3DSBK6EC715
- Awarding agency
-
Headquarters
Federal Aviation Administration, Department of Transportation
- Obligated
- $4,051,857
Award facts
- Contract value 73% obligated
-
- $4,051,857.16 Current, with exercised options
- $5,518,321.54 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R799 Support- Management: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- West McLean, VA 22102, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $1,121,591 | |
| Other Administrative Action | $608,000 | |
| Funding Only Action | $50,000 | |
| Exercise an Option | $485,804 | |
| Funding Only Action | $350,000 | |
| Funding Only Action | $373,926 | |
| Funding Only Action | $60,208 | |
| Original award | $672,758 |
About this award
The Department of Commerce issued a delivery order to Ernst & Young LLP on April 29, 2024, for enterprise investment portfolio management with a ceiling value of $5.52 million and ultimate completion date of October 14, 2026. The order is issued under a Time and Materials pricing structure against an unspecified parent IDIQ.
Place of performance is West McLean, VA. In fiscal year 2024, the order invoiced $198 thousand across 2.2 FTEs and 4,649 contractor hours, representing a blended government-paid rate of $42.64 per hour. Subcontractors performed approximately 31 percent of the contractor hours in that fiscal year.
Quick answers
Who was awarded contract 693KA924F00088?
693KA924F00088 was awarded to Ernst & Young LLP by Headquarters (Federal Aviation Administration) on April 29, 2024.
How much is contract 693KA924F00088 worth?
The government has obligated $4,051,857 on 693KA924F00088. Its potential value, with all options, is $5,518,322.
Is contract 693KA924F00088 an order under another contract?
Yes. 693KA924F00088 is a delivery order under 693KA919D00004, an indefinite delivery contract.
Was contract 693KA924F00088 competed?
The extent of competition for 693KA924F00088 was full and open competition.
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